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INVESTMENT IN UNCONSOLIDATED SUBSIDIARIES AND INVESTEES (Tables)
 6 Months Ended
Jun. 30, 2013
INVESTMENT IN UNCONSOLIDATED SUBSIDIARIES AND INVESTEES (Tables)  
INVESTMENTS ACCOUNTED

 

Investee

 

Percent ownership

 

 

 

2013

 

 

2012

 

TCI Eton Square, L.P. ("Eton Square")

 

 

0%

 

 

 

10%

 

 
RESULTS OF OPERATIONS FROM OUR INVESTEES

The following is a summary of the financial position and results of operations from our investees (dollars in thousands):

 

As of June 30,

 

2013

 

 

2012

 

Real estate, net of accumulated depreciation

 

$

-

 

 

$

12,761

 

Other assets

 

 

-

 

 

 

660

 

Notes payable

 

 

-

 

 

 

(9,363

)

Other liabilities

 

 

-

 

 

 

(3,916

)

Shareholders' equity/partners capital

 

$

-

 

 

$

(142

)

 

 

 

 

 

 

 

 

 

For the Six Months Ended June 30,

 

 

2013

 

 

 

2012

 

Rental and other property revenues

 

$

66

 

 

$

308

 

Depreciation and amortization

 

 

20

 

 

 

116

 

Property operating expenses

 

 

39

 

 

 

221

 

Mortgage and loan interest

 

 

107

 

 

 

96

 

Loss from continuing operations

 

 

(100

)

 

 

(125

)

Net loss

 

$

(100

)

 

$

(125

)

 

 

 

 

 

 

 

 

 

Company's proportionate share of earnings

 

$

-

 

 

$

(12

)